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Dongbang Ship Machinery to increase short-term borrowings by US$14.7m
By 황유미Published : June 30, 2016 - 17:57
[DISCLOSURE] Dongbang Ship Machinery (099410) will increase its short-term borrowings by 17 billion won (US$14.7 million) to improve financial structure and to repay its loan, it announced on June 30. This amounts to 49.2 percent of its equity capital and the total amount of its short-term borrowings is 24.7 billion won.
